Delivering Value through Organic and Tuck-in Growth slide image

Delivering Value through Organic and Tuck-in Growth

1. 2. 3. Retail is Delivering Strong Earnings Growth Across All Geographies Retail Adjusted EBITDA driven by strong organic growth and accretive acquisitions. On pace to meet or exceed our key 2023 financial targets. Retail Adjusted EBITDA US$ Billions N/ 12 2.0 US Retail Non-US Retail $1.9 $1.6-$1.9 $1.7-$1.8 -35% 1.5 $1.4 -35% $1.2 $1.2 -30% -30% 1.0 -30% 0.5 0.0 2018 2019 2020 2021 2022F 2023 Target Assumes the mid-point of 2022F Retail adjusted EBITDA guidance as provided in our news release dated February 16, 2022. Year ended December 31, 2021. Twenty-four months ended December 31, 2021. Growth Drivers >$1.0B proprietary gross margin² $2.1B Retail digital platform sales² ~225K acres subscribed to carbon pilot program² 12 locations acquired in US and Australia through tuck-in acquisitions² 5 announced transactions in Brazil³ generating $400M in expected annual run-rate revenue March 2022 Source: Nutrien
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